159 3rd Avenue, Brooklyn, NY 11217 Property Information
159 3rd Avenue, Brooklyn, NY 11217 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 159 3rd Avenue |
| Neighborhood | Gowanus |
| Zip code | 11217 |
| Borough | Brooklyn |
| Block & lot | 00407-0001 |
Sales & Tax Overview for 159 3rd Avenue, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $1,230,923 |
Lot & Building Information for 159 3rd Avenue, Brooklyn
Area Overview
| School district | 13 |
| Community district | 6 |
| Closest police station | 0.45 Miles |
| Closest fire station | 0.39 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 159 3rd Avenue, Brooklyn
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About 159 3rd Avenue, Brooklyn
This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 159 3rd Avenue, Brooklyn, NY 11217 has a total of 96,771 square feet.
What is the year built & the current market value of 159 3rd Avenue, Brooklyn, NY 11217?159 3rd Avenue, Brooklyn, NY 11217 was built in 2025 and has a current tax assessor's market value of $1,339,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 6 active listings at this address.
Ownership Information for 159 3rd Avenue, Brooklyn
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Spaces for Lease in 159 3rd Avenue, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 09/30/2025 |
| Last updated | 05/13/2026 |
| Lot size | 0.2376 Acre |
Located in the Gowanus neighborhood of Brooklyn between Baltic St & Butler St near the Union St subway station. Nearest Transit: D, N, & R trains at Union St and the B103, B37, & B65 bus lines. Nearby tenants include CubeSmart, Brooklyn Car and Van Rentals, Gowanus Fitness, Threes Brewing, Petri Plumbing, Heating Cooling & Drain Cleaning, Luna's Tire Shop 2, ZeroSpace, Wafels & Dinges Warehouse, Gemini and Scorpio Loft, UpFit Training Academy Brooklyn, Herboganic, Mirrors Collective, and more!Prime Retail Spaces in Brand New 96-Unit Apartment Building
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space A | Street Retail | $80/Sqft/Year | 895 | Shlomi Bagdadi |
| Space B | Street Retail | $80/Sqft/Year | 1,132 | Shlomi Bagdadi |
| Space C | Street Retail | $80/Sqft/Year | 1,151 | Shlomi Bagdadi |
| Space D | Street Retail | $80/Sqft/Year | 1,298 | Shlomi Bagdadi |
| Space E | Street Retail | $80/Sqft/Year | 870 | Shlomi Bagdadi |
| Space B + Space C | Street Retail | $80/Sqft/Year | 2,300 | Shlomi Bagdadi |
Past Sales & Property History for 159 3rd Avenue, Brooklyn
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No recorded sales for this property.
Title Documents for 159 3rd Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 159 3rd Avenue, Brooklyn
Access detailed property tax data for 159 3rd Avenue, Brooklyn, NY 11217. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $41,366 |
| Estimated property tax: | $1,230,923 |
| Tax assessor's market value: | $1,339,000 |
| Assessed value: | $602,550 |
Assessment History for 159 3rd Avenue, Brooklyn
Here's the assessment & property tax history for 159 3rd Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,339,000 | $602,550 | $332,550 | 10.848% | $36,075 | $36,075 | +35.54% |
| 2024/25 | $1,180,000 | $531,000 | $247,320 | 10.762% | $26,617 | $26,617 | -24.68% |
| 2023/24 | $927,000 | $417,150 | $333,630 | 10.592% | $35,338 | $35,338 | +1.93% |
| 2022/23 | $796,000 | $358,200 | $325,640 | 10.646% | $34,668 | $34,668 | -4.75% |
| 2021/22 | $752,000 | $338,400 | $338,400 | 10.755% | $36,395 | $36,395 | +2.22% |
Permits for 159 3rd Avenue, Brooklyn
The complete history of permits filed for 159 3rd Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 4th Ave & Union St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.268 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 3 Av/Baltic St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.041 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 159 3rd Avenue, Brooklyn
Here are the neighbors for 159 3rd Avenue, Brooklyn, NY 11217.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 126 4th Ave, Brooklyn | 62,292 | 10/18/2000 | |
| 566 Baltic St, Brooklyn | 5,400 | 08/14/2023 | $6,375,000 |
| 156 3rd Ave, Brooklyn | 2,871 | 12/15/2000 | |
| 223 Nevins St, Brooklyn | 03/20/2007 | $8,000,000 | |
| 560 Baltic St, Brooklyn | 5,400 | 10/29/1992 | |
| 570 Baltic St, Brooklyn | 05/22/2001 | ||
| 140 4th Ave, Brooklyn | 8,327 | 12/22/2010 | $10 |
| 209 Butler St, Brooklyn | 04/08/2025 | $1,500,000 | |
| 213 Butler St, Brooklyn | 2,484 | 08/12/2013 | $840,000 |
| 562 Baltic St, Brooklyn | 05/22/2001 | ||
| 572 Baltic St, Brooklyn | 05/22/2001 | ||
| 596 Baltic St, Brooklyn | 3,555 | 03/09/2015 | $1,350,000 |
| 170 3rd Ave, Brooklyn | 17,100 | 12/15/2000 | |
| 205 Butler St, Brooklyn | 1,440 | 02/11/1988 | |
| 207 Butler St, Brooklyn | 1,264 | 06/29/2010 | $440,000 |
| 568 Baltic St, Brooklyn | 5,400 | 08/14/2023 | $6,375,000 |
| 138 4th Ave, Brooklyn | 2,262 | 03/20/1998 | |
| 211 Butler St, Brooklyn | 2,400 | 11/19/2025 | |
| 215 Butler St, Brooklyn | 3,200 | 06/13/2013 | $782,500 |
| 279 Butler St, Brooklyn | 29,077 | 12/09/2013 | $19,250,000 |